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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lee Nelson who wrote (16131)8/1/1998 1:54:00 AM
From: (?)  Read Replies (5) | Respond to of 213182
 
A general response to anyone investing in Apple...

As far I see Apple's stock price is sure to fall. Their revenue has been falling for as long as I can remember and I feel that their profits will begin to fall as well. Apple is depending on the iMac to regain market share and to increase revenues. The iMac, however, has serious flaws. As many of you know, the iMac DOES NOT HAVE A FLOPPY DRIVE. It also is INCOMPATIBLE WITH ALMOST ALL PRINTERS. To top this all of, the iMac is OVER PRICED. You can get a comparable Compaq for under a $1000. Apple thinks that people will pay and extra $300 for a nice blue top. Unfortunately for Apple, most people looking for computers care about performance not looks. Worst of all Apple is DEPENDING TO HEAVILY ON THE IMAC. I predict that Apple's share price will trade below $20 fairly soon.